Project Function and Positioning
Yooldo Games is a platform centered on Web3 esports and gaming, integrating gaming, earning rewards, and NFTs. It emphasizes 'gaming as airdrop,' allowing players to earn token rewards by completing game tasks and competitions, and to participate in community governance, such as voting and selection, with the ultimate goal of establishing a player-led esports ecosystem.
Team and Financing Situation
According to the CryptoRank report, Yooldo has completed financing totaling $1.5 million, with investors including well-known institutions such as ConsenSys, Manta Network, Klaytn, Presto Labs, Hyperithm, Planetarium, and doublejump.tokyo. This indicates strong resource support for the project in the GameFi and blockchain gaming sectors.
Community Scale and Popularity
Yooldo has attracted over 500,000 players' attention on X, collaborating with Foxy (Linea Eco-Cultural Token), which has sparked extensive community discussions following its announcement for launch on Alpha. Binance Alpha chose it as one of the representatives in the esports sector, indicating the platform's recognition of its potential.
Token Model and Distribution
It adopts a 'utility-first, limited issuance' strategy. Although the total amount has not been fully disclosed, the official statement clearly indicates that 10%-20% of the total token supply will be used for 'community airdrop incentives.' In the first TGE, the airdrop Pool will unlock 10%, with the remaining portion released linearly over 20 months.
Expected Market Value of the Project
Yooldo's current valuation is approximately $13M. Considering that its Web3 gaming sector is in its infancy and few projects have physical financing and technical implementation, it has performed steadily compared to early NFT gaming projects like TroublePunk. If Yooldo issues tokens based on its recent valuation, its initial FDV may fall between $15M and $25M, close to the mid-level of the first batch of GameFi projects.
Summary
Yooldo has made tangible progress in the esports Web3 gaming sector, and resource providers have a positive outlook on its long-term value. It has not blindly issued tokens and emphasizes inflation control, demonstrating a relatively stable strategy. However, the competition in the sector is fierce, and it will need to continuously launch high-quality games, improve user retention, and expand community participation to become a leading GameFi project.
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❗️ The content of this article is for reference only and does not constitute any investment advice.
